Adma Biologics Inc (NASDAQ: ADMA) Recovers 114.20% From 52-Week Low, Is ADMA Still A High-Risk, High-Reward Play?

money audit

Adma Biologics Inc (NASDAQ:ADMA) currently has a daily average trading volume of 3.46M but it saw 4139003 shares traded in last market. With a market cap of 5.22B USD, the company’s current market price of $21.87 came rising about 4.84 while comparing to the previous closing price of $20.86. In past 52 weeks, the stock remained buoying in the range of price level as high as $25.67 and as low as $10.21.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Raymond James which resumed the stock as “Strong Buy” in its note to investors issued on July 19, 2023, recommending a price target of $5 for it. Raymond James issued its recommendations for the stock as it upgraded the price target for the stock is $5.

Over the week, ADMA’s stock price is moving 7.58% up while it is 6.94% when we observe its performance for the past one month. Year-to-date it is 27.52% up and over the past year, the stock is showing an upside performance of 108.88%.

Currently, Adma Biologics Inc’s total number of outstanding shares is 238.53M. Company’s return on investment (ROI) stands at 45.52% and return on equity (ROE) at 78.45%. It has a price to earnings ratio (P/E ratio) of 25.91 while having a 22.24 of forward P/E ratio. Stock’s beta reads 0.47. Stock has a price to book (P/B) ratio of 13.97 while price to sale or P/S ratio amounts to 11.37. Its return on asset (ROA) is 48.01% on average.

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